0
General

Singtel's quarterly profit drops nearly 6%, revenue up 8%

Friday 11 August 2017 | 12:08 CET | News
Singtel reported operating revenue up 8.3 percent year-on-year to SGD 4.23 billion in the quarter ended 30 June. EBITDA was up nearly 3 percent to SGD 1.26 billion, while net profit fell 6 percent year-on-year to SGD 892 million, as a result of lower associates' contributions and exceptional charges for workforce restructuring at Optus. Free cash flow was SGD 1.2 billion.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Optus / SingTel
Countries: Asia / Australia / India / Indonesia / Singapore
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Optus quarterly EBITDA increases 2.6%, net profit stable

Published 11 Aug 2017 13:07 CET | Australia
Australian operator Optus saw its EBITDA increase 2.6 percent year-on-year to AUD 662 million in the quarter ended 30 June 2017. ...

Singtel net profit up 2% on lower contributions from Airtel

Published 19 May 2017 09:19 CET | Australia
Singapore operator Singtel reports that its core earnings for the fourth quarter stayed strong on the back of continued growth in ...

Singtel's quarterly revenue down 1.5%, profit up 2%

Published 09 Feb 2017 13:03 CET | Singapore
Singapore Telecommunications (Singtel) saw its operating revenue fell 1.5 percent year-on-year to SGD 4.41 billion for the ...

Optus sees quarterly profit plunge 20%

Published 10 Nov 2016 09:11 CET | Australia
Australian operator Optus has reported EBITDA of AUD 633 million for the quarter ended 30 September 2016, which represents a ...

Singtel's quarterly revenue up 2%, net profit down 6%

Published 10 Nov 2016 07:12 CET | Singapore
Singapore Telecommunications (Singtel) saw its operating revenue grow 2 percent to SGD 4.28 billion in the quarter ended 30 ...

Singtel's quarterly revenues drop 7%, profit flat

Published 11 Aug 2016 07:29 CET | Singapore
Singapore Telecommunications (Singtel) reported a net profit stable year-on-year at SGD 944 million in the quarter ended 30 June ...





2,050,000
DSL VoIP lines
Netherlands  |  2017Q1